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OpenAI is in talks with investors to raise at least $30 billion in a pre-IPO funding round that would value the ChatGPT maker at roughly $1.4 trillion, Bloomberg reported on Tuesday.
AI security startup Reco has raised $55 million, extending a $30 million Series B from February, with participation from AT&T’s venture arm, Forestay and Quadrille Capital. The funding brings its total raised to $140 million.
AI inference infrastructure provider Modal Labs is nearing a $750 million funding round led by Accel at a $15.75 billion valuation, according to a source familiar with the deal.
Boston-based voice intelligence startup Modulate has raised $25 million in new funding led by Future Ventures, with participation from Hyperplane and Lakestar. PitchBook data shows the company had previously raised $41 million at a $170 million valuation.
EliseAI, a startup that develops artificial intelligence tools for real-estate companies and healthcare providers, has raised $350 million in funding. Andreessen Horowitz and Bessemer jointly led the round.
Insider Brief PRESS RELEASE — Instinct, the company building a personal agent for everyday life, announced that it has raised an additional $1 billion in its latest round from Sequoia Capital, Benchmark Capital, and Coatue to bring useful AI to everyone.
Insider Brief PRESS RELEASE — Outmarket AI, the leading AI platform purpose-built for insurance, announced it has raised $34.5 million in Series B funding. The round was led by SignalFire, with participation from Fika Ventures, Permanent Capital Ventures, TTV Capital and Dash Fund.
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